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Recent Loans


May 16, 2008
$126,000 - San Antonio, Tx

Purchase on N/O/O Rehab Loan, 90% LTV 126k loan amt on "as is" purchase price of $140k. Stated Income/Stated Asset


May 16, 2008
$80,000 - San Antonio, Tx

Cash-Out 65% LTV Investment Property Property owned free/clear borrower paid tax liens, consumer debt, Stated/Stated, 589 fico


May 16, 2008
$220,000 - McAllen, Tx

Cash-Out Refinance on Restaurant, 60% LTV. Borrower paid off balloon note, tax liens, and used remaining funds for remodeling.


May 16, 2008
$150,000 - San Antonio, Tx

Cash-Out Refinance on Nightclub. Pay off existing lien and complete construction project. Total LTV on subject property, 60%


May 16, 2008
$410,000 - Aransas Pass, Tx

12 Unit Vacation Rental Cottages. Cash-Out Refinance to complete construction. Net LTV, 60% with warehouse pledged as additional collateral.


May 16, 2008
$280,000 - San Antonio, Tx

Cash-Out, 63% LTV. Refinance on Restaurant. Payoff existing owner finance balloon note and small cash out for repairs.


May 16, 2008
$150,000 - San Antonio, Tx

Free & Clear Property listed for sale at $250,000. Proceeds used as down payment for new primary residence.


May 15, 2008
$220,000 - San Antonio, Tx

Cash Out Refinance on Restaurant - 60% LTV. Borrower paid off balloon note, tax liens, and used remaining funds for remodeling.


May 15, 2008
$100,000 - McAllen, Tx

Cash Out Refinance on Restaurant - 60% LTV. Borrower paid off balloon note, tax liens, and used remaining funds for remodeling.




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Recent Loans

$735,000 - San Antonio, TX
Rate Term 48% LTV
Commercial Office Building
Balloon with local bank could not be renewed Stated/Stated, 575 fico

 
$600,000 - San Antonio, TX
Cash-Out on 12 acres of prime commercial land off Highway 281 N.
40% LTV, proceeds used to buyout partner.

 
$275,000 - San Antonio, TX
Rate Term Refi on CHURCH
Current Note Ballooning and loan was posted for foreclosure.
50% LTV.

 
$45,000 - San Antonio, TX
Cash-Out, 50% LTV
Refinance on Restaurant
Owner using funds to remodel and repair building


more recent loans